Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ZUID - KOROST from Kortrijk, company number BE0437258380, closed financial year 2025 with a result of € -18,422 after tax. For that financial year ZUID - KOROST recorded a gross margin of € -8,907 and equity of € 224,211. Compared with financial year 2024, the result moved from € -21,626 to € -18,422. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 224,211
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,422
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,874
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -297,472.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,842 | € -16,548 | € -14,677 | € -8,907 | ▲ € 5,769 |
| Profit after taxes | € -22,081 | € -21,072 | € -21,626 | € -18,422 | ▲ € 3,203 |
| Equity | € 285,331 | € 264,259 | € 242,633 | € 224,211 | ▼ 8% |
| Total debts | € 147,088 | € 169,575 | € 189,656 | € 204,946 | ▲ 8% |
| Cash | € 2,732 | € 5,282 | € 4,872 | € 2,874 | ▼ 41% |
| Land & buildings | € 425,742 | € 425,593 | € 425,445 | € 425,297 | |
| Retained profit | € -236,352 | € -257,424 | € -279,050 | € -297,472 | ▼ € 18,422 |
| Balance sheet total | € 432,419 | € 433,834 | € 432,290 | € 429,157 | ▼ 1% |
Key figures of ZUID - KOROST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ZUID - KOROST?
What happened at ZUID - KOROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christopher Burckett - St. Laurent stepped down as director. NBB
- Vincent Burckett St Laurent stepped down as director. NBB
- Alexia Burckett St Laurent stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,422. Source: NBB ↗
- Christopher Burckett - St. Laurent became a director. NBB
- Vincent Burckett St Laurent became a director. NBB
- Alexia Burckett St Laurent became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 22,081 loss in 2022 to € 18,422 loss in 2025.
Management
Directors
According to the 2025 annual accounts
Christopher Burckett - St. Laurent
Director
since 2024 · until 2030
Vincent Burckett St Laurent
Managing director
since 2024 · until 2030
Alexia Burckett St Laurent
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Minister Liebaertlaan(KOR) 14
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.258.380
- VAT number
- BE 0437.258.380
- Registered office
- Minister Liebaertlaan(KOR) 14, 8500 Kortrijk
- Names & denominations
- ZUID - KOROST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1989
- Peppol
- Not registered